2018-11-07

GE to Sell Current to American Industrial Partners

General Electric (GE) has begun organization restructure and unveiled the intention to sell its lighting business since a year ago. In July 2018, the company has scheduled the selling plan to be in the end of the year. Finally, GE announced on November 6th that it has signed a proposed agreement to sell its Current, powered by GE business to American Industrial Partner (AIP)
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2018-10-26

Signify Announces the Financial Results of 3Q18

Signify has reported its results for the third quarter of 2018. The sales for 3Q18 came to EUR 1.6 billion (US$ 1.82 billion), with an on-year drop of 5.3 percent. The sales of LED-based products represented 70% of total sales and grew by 0.1% compared to 3Q17. Its net income was EUR 93 million (US$ 105.85 million), which dropped by 15.1% YoY.
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2015-08-12

Finding New LED Lighting Business Opportunities in Thailand at Upcoming EcoLight Tech Asia 2015

Soaring LED lighting penetration rates, followed by the maturation of LED lighting technology. Although, market demands have soared, LED lighting demand growth in mature markets have eased, due to intense pricing competitions. As a result, LED manufacturers are turning their focus to emerging markets including the establishment of ASEAN Economic Community in Southeast Asia later this year, and China’s recent One Belt, One Road policies have driven large scale infrastructure investments. This has placed LED lighting market demands under the market lime light.
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2015-05-19

After a 5-year Uphill Struggle Absen Quits LED Lighting Sector

No manufacturer wants to easily give up on the lighting sector because of the bright prospects ahead. Yet, Absen a Chinese LED manufacturer that previously heavily invested in the LED lighting sector decided to put a stop to bleeding losses, and terminate investments in the LED lighting businesses.
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2014-04-30

Panasonic Lighting Business Profits After Three Straight Years of Loss

Panasonic released their fiscal 2013 financial report on April 28, 2014, which recorded the company’s financial performance up to March 31, 2014. The company had a turn around after three consecutive years of losses. Net profit reached JPY 120.4 billion (US $1.18 billion). 
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XLamp® XP-G3 LEDs are optimized for directional, high lumen lighting applications where efficacy and optical control are critical, such as roadway, portable and horticulture. The compact and proven 3.45 mm XP platform has an excellent ecosyst... READ MORE

Nichia further demonstrates its commitment in UV-C LED technology with its release of the high output NC4U334BR. Tokushima, Japan — 6 October 2021: NICHIA, the world’s largest LED manufacturer and inventor of the high-brightness bl... READ MORE